MN Coin price MN
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
- Self-reported circulating supply
- 99,106,846,146,964 MN
- Total supply
- 99,473,895,637,203 MN
- Max. supply
- 100,000,000,000,000 MN
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About MN Coin
MN Coin is a deflationary cryptocurrency that burns 1% of each transaction. With a fixed initial max supply of 100 trillion tokens, the supply of MN Coin will always be going down.
Deflation works on basic principles of economics using supply and demand. While we can never guarantee demand, we can guarantee supply reduction with use. As each MN transaction occurs, tokens are burned reducing the supply forever.
MN Transaction Fees: 10% of Transaction (1% Burned, 9% Project Fund)
MN Treasury System: Along with our Project Treasury, MN hosts 3 types of Treasuries governed by specific rules with the ability to allocate funds based on Treasury Members Votes.
MN Treasuries run on a perpetual model that has the ability to allocate funds for millennium. Only 1% of the Treasuries funds can be spent every year.
This allows for funding to work directly with the deflationary nature of MN Coin. While available MN decreases over time, it is expected that relative value will rise.